AMZN price prediction
Predicted price range for Amazon.com Inc Our trading algorithm values Amazon.com Inc (AMZN) to be fairly valued. ###PLOTLYGRAPH### The red lines in …
Read ArticlePredicted price range for Apple Inc
Our trading algorithm values Apple Inc (AAPL) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $142.99 |
| 60 Day Prediction | $139.94 |
| 60 Day Pred - Lower Bound | $132.07 |
| 60 Day Pred - Upper Bound | $147.85 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.125 * nr_days_in_the_future + 136.179
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
AAPL traded at $142.99 this Friday October 14th, gaining since last week.
Looking back, over the last month, AAPL has been loosing $-10.73 or -7.504017984006604 percent.
Over the last year, it has been loosing $-6.49 or -4.538771931640542 percent.
Seasonality of Apple Inc
Using our AI model, we have been analyzing the value change for Apple Inc depending on the day or month of a year. This can be seen in the following graph:
